Posted in: Loan

2 Ways To Report Online Loan Harassment In Nigeria 

It is always advisable to pay up online loans before the due date, never take a loan if there is no hope of getting the money to pay back before the due date. However, if you are facing any unnecessary harassment from any loan platform, you can simply report their app on play store or app store, or simply report to a media house.

Posted in: Loan

How To Stop Sokoloan From Accessing My Contacts

There has been a serious issue of concern on how some loan apps in Nigeria take actions against loan defaulters. The worst of some of their approaches is calling and sending messages to the contacts of the loan defaulter, and telling them that the person borrowed money from the loan app and have refused to […]

Posted in: Loan

CBN Begins Debiting Accounts Of Loan Defaulters; Partners With EFCC To Recover Loans

The Central Bank of Nigeria has begun debiting the account of borrowers that have refused to pay back their loans. In a bid to effectively recover the unpaid loans, the CBN vowed that they will be partnering with the Economic and Financial Crimes Commission (EFCC). This was revealed by the CBN director of development finance, […]